The U.S. Marine Minerals Administration (MMA) has released a Proposed Leasing Notice for a proposed mineral lease sale in federal waters off American Samoa as the Trump administration seeks to increase domestic supplies of minerals used in energy, defence and manufacturing.
The notice sets out the proposed terms and conditions for the sale but does not mean a lease sale will definitely take place or that any exploration or mineral collection activities will follow.
The proposal is part of the administration’s effort to strengthen U.S. critical mineral supply chains.
Acting MMA Director Matt Giacona said critical minerals have become strategically important as global competition grows, adding that China’s dominance in the supply of many of these materials poses risks to U.S. energy, defence and manufacturing industries.
“The Proposed Leasing Notice provides information on proposed sale terms and conditions so industry and other interested parties can engage with greater certainty,” Giacona said.
He added that any future
Content Original Link:
" target="_blank">
